Variable and Absorption Costing Summarized data lor 2016 (the first year of operateres for Goman Products, inc, are as foloms a Prepare an incone slatemerc based an Aull absorption costine number, when applicable 1. Hepare an income staterment basec on yarlable costung. tumber, when applicable: c. Assume that you must decide quickly whether to accept a special ene-time onder for 1,000 unis for 190 per unit. Which income statement presents the most relevant data? Determine the apparent profit of loss on the special order based solely on these data. Use a negative sgn with your answer if the special order creases an apparent loss, Round answer to the neaceit whole namber. d. If the ending inventory Is desuroyed by fire, which costing approach would you use as a basis for fing an insurance claim for the fire loss? Why? Select the most appropriate staternent OAbsocption costing approach because the cost should include a reasonable portion of fored manulacturing costs. Wanable costing approach because the cost should indude a reasonable portion of fived manufacturing casts